Sec. 10.
(1) Unless earlier revoked as provided in section 9, a commercial housing facilities exemption certificate shall remain in effect for a period to be determined by the legislative body of the local governmental unit and commencing with its effective date and ending on the December 31 following not more than 12 years after the completion of the new facility.
(2) The date of issuance of a certificate of occupancy, if one is required, by the appropriate municipal authority shall be the date of completion of the new facility.
History: 1976, Act 438, Imd. Eff. Jan. 13, 1977 ;-- Am. 1980, Act 42, Imd. Eff. Mar. 17, 1980
Structure Michigan Compiled Laws
Act 438 of 1976 - Commercial Housing Facilities Exemption Certificates (207.601 - 207.615)
Section 207.601 - Definitions.
Section 207.602 - Approval of Certificate; Condition.
Section 207.603 - Application for Certificate; Filing; Form; Contents; Notice; Hearing.
Section 207.604 - Application for Certificate; Approval or Disapproval.
Section 207.608 - Assessor; Determining Value of New Facility.
Section 207.609 - Revocation of Certificate; Request; Notice; Hearing; Order.
Section 207.610 - Duration of Certificate; Date of Issuance of Certificate of Occupancy.
Section 207.613 - Form and Contents of Certificate.
Section 207.615 - Transfer and Assignment of Certificate; Approval; Notice; Hearing.